VEE Stock Overview
Engages in the design, manufacture, and sale of marine propulsion and stabilization systems. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
VEEM Ltd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.97 |
| 52 Week High | AU$2.02 |
| 52 Week Low | AU$0.95 |
| Beta | 1.36 |
| 1 Month Change | -21.37% |
| 3 Month Change | -41.96% |
| 1 Year Change | -18.07% |
| 3 Year Change | 13.37% |
| 5 Year Change | 98.98% |
| Change since IPO | 59.84% |
Recent News & Updates
VEEM (ASX:VEE) Is Looking To Continue Growing Its Returns On Capital
Jan 14
VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly
Nov 29Recent updates
VEEM (ASX:VEE) Is Looking To Continue Growing Its Returns On Capital
Jan 14VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly
Nov 29Here's Why We Think VEEM (ASX:VEE) Is Well Worth Watching
Nov 15At AU$1.36, Is It Time To Put VEEM Ltd (ASX:VEE) On Your Watch List?
Sep 26VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly
Apr 16When Should You Buy VEEM Ltd (ASX:VEE)?
Mar 14Subdued Growth No Barrier To VEEM Ltd (ASX:VEE) With Shares Advancing 30%
Mar 14VEEM Ltd Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Feb 25Returns On Capital At VEEM (ASX:VEE) Have Stalled
Jan 22Investors Appear Satisfied With VEEM Ltd's (ASX:VEE) Prospects As Shares Rocket 34%
Dec 18These 4 Measures Indicate That VEEM (ASX:VEE) Is Using Debt Reasonably Well
Nov 16Investors Met With Slowing Returns on Capital At VEEM (ASX:VEE)
Sep 21Is Now An Opportune Moment To Examine VEEM Ltd (ASX:VEE)?
Aug 19Is VEEM (ASX:VEE) Using Too Much Debt?
Jun 26Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal
Jan 24Is It Too Late To Consider Buying VEEM Ltd (ASX:VEE)?
Dec 12Why We Think VEEM Ltd's (ASX:VEE) CEO Compensation Is Not Excessive At All
Nov 16VEEM (ASX:VEE) Has A Somewhat Strained Balance Sheet
Oct 17Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal
Aug 16Is There Now An Opportunity In VEEM Ltd (ASX:VEE)?
Jul 10VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly
Jun 19Calculating The Intrinsic Value Of VEEM Ltd (ASX:VEE)
May 03Be Wary Of VEEM (ASX:VEE) And Its Returns On Capital
Mar 15I Ran A Stock Scan For Earnings Growth And VEEM (ASX:VEE) Passed With Ease
Sep 05VEEM Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 06With EPS Growth And More, VEEM (ASX:VEE) Is Interesting
Jun 03Estimating The Intrinsic Value Of VEEM Ltd (ASX:VEE)
May 13Should We Be Excited About The Trends Of Returns At VEEM (ASX:VEE)?
Mar 09Should You Be Adding VEEM (ASX:VEE) To Your Watchlist Today?
Feb 22What Does VEEM's (ASX:VEE) CEO Pay Reveal?
Feb 05
Is There An Opportunity With VEEM Ltd's (ASX:VEE) 34% Undervaluation?
Jan 21VEEM Ltd's (ASX:VEE) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Jan 06We Wouldn't Rely On VEEM's (ASX:VEE) Statutory Earnings As A Guide
Dec 22Returns On Capital At VEEM (ASX:VEE) Paint An Interesting Picture
Dec 08The VEEM (ASX:VEE) Share Price Has Gained 41% And Shareholders Are Hoping For More
Nov 25Shareholder Returns
| VEE | AU Machinery | AU Market | |
|---|---|---|---|
| 7D | -13.3% | 0.06% | 0.1% |
| 1Y | -18.1% | 22.1% | 9.8% |
Return vs Industry: VEE underperformed the Australian Machinery industry which returned 22.1% over the past year.
Return vs Market: VEE underperformed the Australian Market which returned 9.8% over the past year.
Price Volatility
| VEE volatility | |
|---|---|
| VEE Average Weekly Movement | 12.6% |
| Machinery Industry Average Movement | 8.5% |
| Market Average Movement | 7.9% |
| 10% most volatile stocks in AU Market | 16.6% |
| 10% least volatile stocks in AU Market | 2.9% |
Stable Share Price: VEE's share price has been volatile over the past 3 months compared to the Australian market.
Volatility Over Time: VEE's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1968 | n/a | Trevor Raman | www.veem.com.au |
VEEM Ltd engages in the design, manufacture, and sale of marine propulsion and stabilization systems. It offers gyrostabilizers; CNC machined monobloc and fixed pitch propellers; and forever pipe, a piping solution for the processing industry. The company also provides conquest propeller, shaft lines, and marine ride control fins.
VEEM Ltd Fundamentals Summary
| VEE fundamental statistics | |
|---|---|
| Market cap | AU$132.38m |
| Earnings (TTM) | AU$6.99m |
| Revenue (TTM) | AU$80.55m |
18.9x
P/E Ratio1.6x
P/S RatioIs VEE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VEE income statement (TTM) | |
|---|---|
| Revenue | AU$80.55m |
| Cost of Revenue | AU$37.47m |
| Gross Profit | AU$43.09m |
| Other Expenses | AU$36.10m |
| Earnings | AU$6.99m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.051 |
| Gross Margin | 53.49% |
| Net Profit Margin | 8.67% |
| Debt/Equity Ratio | 11.0% |
How did VEE perform over the long term?
See historical performance and comparisonDividends
1.6%
Current Dividend Yield30%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 16:36 |
| End of Day Share Price | 2025/01/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
VEEM Ltd is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexander Lu | Morgans Financial Limited |
| John Lawlor | Ord Minnett Limited |